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some analysts. apple shares are taking a hit. mitt romney fighting back against critics who say he didn't pay his fair share of taxes. we will ask grover norquist, president of americans for tax reform about that very issue in a big interview last night. and union problems are forcing american airlines to cancel over 300 flights over the weekend with more cancellations expected. we have an analyst coming up during this hour of markets now. and it is the top of the hour right now. stocks of course now and every 15 minutes with nicole petallides on the floor of the new york stock exchange. let's talk more and more about apple here. nicole: what's really interesting is what did they actually do? they sold over 5 million iphone 5s this weekend. right? and now they are running out and there are shortages and tim cook is saying being patient. we will get them out as fast as we can. the stock is lower right now. some of the analysts were thinking 8 million would be sold. despite the fact it was more than 5 million, that was a record for apple but didn't meet expectations. over in asia they had
debattleground states. florida, pennsylvania and ohio, where mr. romney is now trailing by ten points. >>> plus this -- >> israel frustrate the that iranian president mahmoud ahmadinejad will address the unja on the holiest of jewish holidays. will his comments ratchet up tensions even higher? live from jerusalem. "newsroom" starts now. >>> and good morning. i'm carol costello. ref rage. a lot of people sayal deba aing ruining the day. it's not just about saving face. it's about saving sunday. >> reporter: in controversy here. the winning touchdown call of the infamous disputed play was by the book. still, nearly everyone is talking trash, from the ladies on "the talk." >> feels unfair, looks unfair it is unfair. >> to republican vice president candidate paul ryan. >> did you watch that packer game last night? >> reporter: to the president of the united states. who says -- i've been saying for months, we've got to get our refs back. oh, mr. president, that is a bipartisan plea. roger goodell, the nfl commission sir trying. now from contracts with the once beloved men in stripes. players yearn f
dowell. where is the miscommunication, romney's strength as a businessman but he's not connecting with voters when it comes to the economy. connell: we will talk about that. then the secretary of state takes on the global elite. clinton says the rich around the world not just here should pay higher taxes. dagen: the co founder of one of america's greatest companies now wants to become a citizen in another country. connell: top of the hour, stocks now and every 15 minutes beginning with nicole pet petallides -- nicole petallides, let's talk about facebook. nicole: over the weekend with facebook on the cover of barron's, with the down arrow, right? $15, certainly just saying it was still too pricy at the current levels, the stock sold off. here it is now gaining about 1/2%. but still for this week alone, down 9%, just in these two trading days, so it shows you that's still under significant pressure. mark zuckerberg of course time it sold off and it was lower was saying buy, double down, you know, pick it up but someone like barry diller and some insiders say well mark zuckerberg is young, his
for republican presidential candidate mitt romney. several polls this morning show romney continuing to trail president obama in critical swing states new numbers come as both get ready for their upcoming debate. stay with the abc7 morning news in our next half hour we'll break down the new numbers. >>> we want a check of the weather. i do the street lamp test. >> what's the street lamp test? >> if i can see the moisture. >> you took years of meteorologist -- meteorologist rolling school. >> we need you mike. >> [ talking over each other ] >>> good morning. the clouds aren't as low, not as moisture laden as they were yesterday, still have flight arrival delays into sfo because the clouds are out there. santa rosa half mile visibility right now. clouds pull back to the coast where they will hang out with pockets of sun for you upper 50s to low 60s. 70s in the south bay, north bay, 80s mainly con betweened to the east bay valleys today. as far as around the monterey bay, low to upper 60s from monterey too santa cruz, 76 hollister possibly 82 around morgan hill. tomorrow, friday saturday, big wa
of economic policy, the president leads mitt romney 48-39. now, this is what happens in europe when living standard plunge, rioting overnight in spain and a general strike in greece, this is the people's response over there to austerity. we've got another all-star lineup for you, watch out everybody, "varney & company" is about to begin. woman 1: this isn't just another election. we're voting for... the future of our medicare and social security. man 1: i want facts. straight talk. tell me your plan... and what it means for me. woman 2: i'm tired of the negative ads and political spin. that won't help me decide. man 2: i earned my medicare and social security. and i deserve some answers. anncr: where do the candidates stand on issues that... affe seniors today and in the future? find out with the aarp voters' guide at earnedasay.org >> good morning, "varney & company" viewers, today is wednesday, december 26th. here is the big story of the day. a picture of decline and financial hardship. since president obama took office, household income is it down a whopping 8.2%, even if you measure
in cnbc's exclusive all-american survey today. mitt romney edges the president on who will be better to curb out debt and deficit. but the president is ahead on who's better to get the economy back on track. steve liesman is here with the disconnect. >> we've been puzzling over this all day. i want to show you the results we have from our national survey of 800 americans. take a look on the economy. who would be better over the next four years. first of all, we asked people, are you better or worse with compared to the last four years? no question here. 55 to 27 definitively, things are worse. what about who's better over the next four years? obama beats romney by nine point. that's more than other surveys out there. caution here, weak survey. other surveys more interested in the political side. they survey registered and likely voters. how about jobs? six to two, worse on jobs. who's better? obama wins. the one place where romney wins is as maria said, on the next one, on the deficit. overwhelmingly, people think the deficit is worse than it was four years ago. they're right. they s
-founder and romney supporter tom stemberg. no one understands the swing state of ohio better than senator rob portman. he'll be joining us from cincinnati. but before we get to all this, and believe me, this is a lot to get on today, let's get you up to speed on this morning's other top headlines with andrew. welcome back. >> thanks. we haven't even talked about football, but i hope we get a chance to. china central bank reportedly injecting 57.9 billion into money markets. regulators are struggling to maintain liquidity without the injection. speaking of china, the country's largest listed steel maker has suspended output at a plant as the economy slows and demand weakens. meantime 40% of china's iron ore mines are standing idle as steel prices have crumbled. and loans to firms and households fell more than expected. ecb staying loans to the private sector fell 0.6% from the same month a year ago. italy's borrowing costs falling at a bond auction today. analysts say the auction shows nand for italian government paper remains healthy. and eu regulators are prepare to go charge microsoft for failing t
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romney/derian tax plan could call to an end to long for a standing tax codes items. rich edson joins me now with who wins and who loses with the proposed plan. rich: democrats claim this will hit the middle class and cut taxes for wealthy americans. a fox business exclusive republican candidate paul ryan says wealthy americans like mitt romney will pay more. >> here's how it works. higher income people can use lots of tax shelters to shelter their income from taxation. close those tax shelters and more income is subject to taxation which allow us to lower tax rates for everybody. rich: some families and businesses will pay more because there will be fewer deductions. others will pay less with lower rates and in theory it balances out. for who is paying more or less we don't have those details from the romney campaign. they refuse to say how much the deductions they have to curb or even many to accomplish their goal. a senate source tells us the supercommittee discussed a rate cut and preliminary assumption show the cost of $1 trillion over ten years. congress has not officially run thos
us know. >> mitt romney's tax rate was 14% and gave $4 million to charity to boot. did he pay his fair share? tax returns hurting the run for the presidency? the senior economic writer steven moore joins us this hour. >> time for stocks as we do every 15 minutes. nicole is standing by. nicole, stocks going to the downside here. >> that's right. last week, by the end of the week, felt like we went nowhere fast, but today is a clear picture. in the red all dang long. dow is one quarter of 1%. the nasdaq down three quarters of 1%. there is pressure here coming along with a stronger dollar. we had a weaker euroowe. the german business confidence numbers weaker again. that does not bode well. as far as the european picture, but at the same time, we have the business activity index in that rose. i know you'll delve into this, but we're talking about apple's iphone5 selling 5 million units this weekend. that blows it out of the park compared to the prior iphone4 release setting its own record by what we saw this weekend, but there were analysts expecting 8 million sales and 5 million is
romney are pitching to college students and working-class voters in ohio today less than a week before early voting kicks off in the critical midwestern states. >> from the plant's three stops in major papaw's in areas as well as president obama. losing in ohio would dramatically narrow promise path to that 270 number that he needs for electorial college votes to win. >> americans may not be that crazy about president obamas health care law but they do not see is going away anytime soon. americans think the overall will go fully with some changes rairanging--the big expansion for the uninsured does not come to 2014. >> we have much more straight ahead when we come back. >> we are back some world news president mahmoud ahmadinejad is set to address a general assembly today. he accused the united states of bullying and dominating. as the president takes the stage he may not have much of an audience as many world leaders are expected to walk out in protest when he takes the podium. mary ann hopkins has the report. >> this will likely be mount mauna that the jobs last year in a speech. pre
. >>> and larry kudlow will give us his take on the president and romney's aappearances on "60 minutes" last night. that's coming up in the next hour. >>> first, though, apple selling millions of iphone 5s over the weekend. jon fortt is live in san jose with what the real number is. there's some disagreement about that this morning. >> reporter: there is. 5 million is the number of iphone 5s when one prominent apple analyst had been looking for 6 million to 10 million. that 5 million compares to 5 million a year to go to the 4s. this doesn't count preordered ich 5s that were shipped but that weren't signed for. if your phone arrived over the weekend but is waiting for you to pick it up, that doesn't count. it doesn't count the 2 m phones ordered the first day but that won't get delivered until today or later. it's too soon to gauge exactly what this means for demand. piper jaffray estimated last week that lines has been 30% longer than they were for the 4s. a couple of other tidbits, the check of about 20 stores over the weekend showed that they were short of iphones. so there might have been quit
, on "closing bell." we'll have also romney's biggest donors ahead on "power lunch," so stay tuned. >> that is a cruel tease, robert. i cannot believe you're going to make us wait for "closing bell" until number one. >> what's great is you're going to be surprised who that is. you'll also have a lot of surprises on the republican list. when i did this reporting, i thought i knew who those donors were, but i didn't. so got to stay tuned for later. >> another great tease. robert, good to see you. >>> billionaire boss. the surprising results of new research into the success and failure rates for venture backed start-ups. stick around to see them. >>> also retailers trying to avoid going the way of dinosaur. which stores are most likely to end up on our "squawk on the street" engaged species list. that's straight ahead. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above,
romney's comment comments for you. the president will make two stops in ohio today this is the 15th visit to ohio for both candidates. new polls as mont morning one showing the president with a 10% bandage. the other within 8 percent advantage. >> new this morning park side elementary in san mateo will hold a safety meeting with parents after the attempted abduction abduction of a nine year-old child from campus this week. we're about an hour away from that meeting is expected to start. >> the school starts at age 10 and we expect to see some students and their parents are arriving here shortly. there are some staff members that the party started to arrive at her side elementary. there was an attempted abduction on friday with a suspect was in custody right now. there was a student from our side that was attempted to be affected. the police chief from san mateo decided to call a meeting at 830 to take questions and talk about some new procedures at the elementary school. we had a chance to talk with the assistant superintendent from the school district this morning. she talked about why t
, are you looking at different scenarios if the president wins re-election versus a romney win? how are you playing that? >> well, number one, i don't think anybody's going to have a landslide. i think that the possibility of change is going to be very close in terms of the presidency of the house and the senate. it will be interesting. we don't see any gigantic changes. if that's the case, then i think that there will have to be deals made and we'll get back to business. >> all right, david -- >> it's not sustainable. >> right. >> david, how do you disagree with bill? he's got that rosy scenario. you don't. >> i don't. $800 billion bill coming due in the first quarter. it won't be that much. it might be $200 billion. nevertheless, that's going to slow down real u.s. gdp growth from 2% to less than 2% in the first half of 2013. that's going to have an impact on earnings. i might like what's happening on an individual company basis, but this fiscal cliff is simply just not the right remedy for the u.s. economy and profits to grow above expectations. it's all on the back of the fed. we've see
keep working that way into the public discourse. governor romney says president obama has failed to lead the region into a more secure future the president told the united nations that the administration can only go responsibly so far to influence and encourage fledgling democracies. >> just as we can not solve every problem in the world the united states has not and will not seek to dick kate the outcome of democratic transitions abroad. >> speaking at clinton global initiative republican challenger mitt romney said the obama administration is loading control in the middle east. >> a lot of americans, including myself, are developed, excuse me, troubled by developments in the middle east. we somehow feel we're at the mercy of events rather than shaping events. >> there are international disagreements focused on trade with china, with romney charging the administration is soft on chinese trade and currency violationlations. the admin -- administration points out it charged levees on products from china and encourages acting on currency which they say is slowing happening. ashley:
chairman reince priebus. why? what a day to have him. mitt romney wrote an op ed. we'll talk about that and the op ed below it that talks about the next battleground, the state labor wars. and then the "santelli exchange," bottom of the hour. what we're going to talk about, to be or not to be. is inflation gestation or inflation on vacation? we'll talk about that and all the issues that involve your money. top and bottom of the hour. mentm and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. [ male announcer ] the exceedingly nimble, ridiculously agile, tight turning, fun to drive 2013 smart. ♪ >>> welcome back to "squawk on the street." i'm courtney reagan. let's take a look at shares of lane christensen. it's attractive with limited downside because the business itself protects this floor. as you can see
. something for candidates romney and obama in today's data. you can imagine romney pounding on the weak growth and obama saying hey, 286,000 more jobs out there and there's also something for bulls and bears but not much anybody from a sober analysis this remains a weak growth economy. melissa? >> thank you very much, steve liesman. >>> and from the u.s. to spain, let's head across the atlantic for more on spain's budget as the country hopes to avoid a bailout. steve sedgwick joins us live with the very latest. steve. >> reporter: yeah, thanks very much, indeed. we just heard literally in the last 20 minutes or so that the press conference, the announcement about this austerity that we've been waiting for all day will now get the conference in around about an hour's time. so all should be revealed about what rajoy intends to do. in the next stage of austerity. because i think the next stage because there's already been at least four bouts of austerity from this government since it came in in december last year. the last was a 2012 budget which we got 64 billion euros worth of austerity
Search Results 0 to 17 of about 18